Estate planning is an activity many families, especially in lower-income communities, don’t often use, despite its many benefits. Two-thirds of Americans don’t have a will, according to the 2022 Caring.com survey. Read more
Beneficiaries
Created to own and control a life insurance policy or policies while the insured is alive, Irrevocable Life Insurance Trusts (ILITs) are tools that are sometimes recommended by estate and planners. Read more
